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White House IRS Tax Foreign Crypto Wallets and Accounts CARF

Cryptocurrency

White House Moves to Tighten Crypto Tax Rules With Push Toward Global Reporting System

The White House is weighing a major overhaul of America’s crypto tax rules, reviewing an IRS proposal that could give U.S. authorities access to...

June11 hours ago

Stablecoin Panic ECB Dutch Central Bank Governor

Business

ECB Warns of Explosive Stablecoin Risks That Could Shake Europe’s Economy

Europe’s top central bankers are sounding the alarm as dollar-backed stablecoins surge toward systemic importance. Dutch central bank governor Olaf Sleijpen warns that fast-growing...

Samarth1 day ago

Crypto Chronicle - Trump, Stablecoin, Shutdown, Washington, Crypto

Business

Crypto Chronicle: The Week Washington Woke Up — and Crypto’s Fuse Was Lit

Trump’s $2,000 “Tariff Dividend,” the end of America’s longest government shutdown, and a record-shattering XRP ETF debut ignited one of the most dramatic weeks...

Alex4 days ago

Business

UFC Shakes Up Fight Night: Polymarket Enters the Octagon With Real-Time Prediction Power

The UFC has inked a multi-year partnership with Polymarket, bringing live prediction data straight into fight broadcasts. Fans will now watch real-time sentiment shifts,...

Samarth5 days ago

The Senate of Virginia approves state banks to offer cryptocurrency custody services

After the bill passed the Senate with a 39-0 vote, Virginia’s governor Glenn Youngkin has been instructed to sign the bill into law after...

AlexMarch 6, 2022

Business

CVS Pharmacy files trademark application for NFTs

Using augmented and virtual reality, CVS intends to offer digital and virtual goods, prescription drugs, and health services.

ContributorMarch 5, 2022

Finance

The city of Lugano will allow citizens to pay taxes in crypto, and Bitcoin, Tether to become de facto legal tender in Lugano

The collaborative effort aims to promote the widespread adoption of blockchain technology, so citizens can pay tax, utility, and other services with bitcoins, tethers,...

ContributorMarch 4, 2022

Business

Apple Pay to stop supporting Russian banks sanctioned for the conflict in Ukraine

Apple has taken down three apps created by the sanctioned Promsvyaz bank from its App Store. Google also removed the bank's main app from...

ContributorFebruary 26, 2022

Finance

Ukraine military receives hundreds of thousands of Bitcoin donations

Donations are being made to medical supplies, humanitarian relief, psychiatric services, military equipment, and other causes.

ContributorFebruary 25, 2022

Finance

The El Salvadorian government will use some of its bitcoin gains to fund a veterinary hospital

The hospital features spaces for vet consultations, surgeries, emergency services, rehabilitation, and grooming, among other services.

ContributorFebruary 24, 2022

Business

Intel unveils the 2nd generation of the bonanza bitcoin mining chip

Over 300 chips working together with a 3,600W miner will produce up to 40 TH/s, similar to the BMZ1's architecture.

ContributorFebruary 22, 2022

Finance

Cryptocurrency holders in Colorado should be able to pay tax in Bitcoin $BTC

Holders of bitcoins should be able to make payments in bitcoins as a form of taxation in Colorado

AlexFebruary 17, 2022

Business

JP Morgan becomes the first bank to enter the Metaverse with the launch of Onyx lounge

The introduction of JPMorgan's virtual real estate comes after the release of the company's white paper on opportunities within the metaverse

AlexFebruary 16, 2022

Finance

The Bank of Jamaica will launch CBDC in the first quarter of 2022

Jamaica's proposed digital payment plan will provide a solid foundation for digital payments. It will also contribute to future plans such as financial inclusion,...

ContributorFebruary 12, 2022